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The Latest Breaking News from Fortune

Hollywood runs a trade surplus and Trump’s tariff idea could jeopardize it

Unlike other trades Trump has sought to protect, the U.S. film industry runs a $15.3 billion surplus—more than that generated by the telecommunications, transportation, healthcare and insurance sectors.

Fortune

Exclusive: Bustle Group's Nylon is launching a free, invite-only club for 'young tastemakers' that aims to reinvent media business models

Nylon, the magazine owned by Bryan Goldberg's Bustle Digital Group, is launching a new membership program in late 2025 around a community of tastemakers and influencers.

Fortune

Warren Buffett will leave his successor nearly $350 billion in cash—where the money is parked and how it could be used

"We have made a lot of money by not wanting to be fully invested at all times," says Buffett.

Fortune

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Like Tim Cook and Gen Z, AEG’s top exec eats the same lunch most days and wears the same outfit

Here’s how the entertainment giant’s Gen X president of global partnerships spends his time and money outside of work

Fortune

Medical researchers baffled by Trump administration's stop work order on system that makes clinical trials more efficient

“We had taken 15 years to build what was destroyed with a single email, halting vital research across the country.”

Fortune

While nearly everything gets more expensive, Sweetgreen CEO defends $16 salads, imploring customers to think about the long-term cost of their health

The fast-casual salad restaurant chain partners with local farmers to incorporate fresh produce into its meals.

Fortune

Why this third-year law associate quit over her law firm’s deal with Donald Trump

Having ethical concerns over law firms’ responses to the trump administration, some young lawyers are quitting their jobs.

Fortune

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A law associate making $300,000 a year at Skadden Arps quit over the firm's deal with Donald Trump

The president is targeting major firms and lawyers are quitting as a result.

Fortune

As the mighty Permian Basin slows, Canada stands to rise in the shale oil and gas world

Kimmeridge activist investment firm eyes Canadian producers and new LNG projects.

Fortune

Warren Buffett’s retirement—and the twists and mysteries that preceded it

Also: Trump wants a tax on all foreign movies, “tariff washing” is China’s new growth industry.

Fortune

Not only was Buffett a successful investor, his wisdom will last forever. Here are some of his best quotes

“You know, Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.”

Fortune

Gen Z women are being sold a risky dream: the realities behind 'investing' in designer bags like the Hermès Birkin

Gen Z is obsessed with the Hermès Birkin thanks to viral TikTok posts promising higher returns from the luxury handbag than the stock market.

Fortune

Commerce Secretary Howard Lutnick says Trump’s tariffs will create ‘great jobs of the future’—fixing factory robots. Experts disagree

The plan to resurrect the industrial boom of the early 20th century has long odds of succeeding, Rutgers professor Eric Blanc said.

Fortune

Buffett warned about trade deficits in 2003 and proposed ‘import certificates’ but says trade should not be a weapon

“It’s gimmicky, but it’s certainly a lot better than anything I think we’re talking about now,” Buffett said of his idea.

Fortune

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A North Korean agent applied for a job at a popular crypto firm: They tripped him up with a simple question about Halloween

A network of North Korean operatives is trying to get access to American companies.

Fortune

Gen Z is actually the most enthusiastic generation about working in the office. They want to be there 3 days a week

Having missed out on in-person interactions during the pandemic, Gen Zers want to see their coworkers at the office.

Fortune

Trump got a strong jobs report, but maybe not the way he wanted

The bulk of new jobs in April came from industries that do not necessarily reflect the administration’s priorities.

Fortune

The 3 steps smart CEOs are taking in a volatile tariff environment: Russell Reynolds CEO Constantin

Economic and geopolitical uncertainty are top of mind for C-suite leaders, according to the latest report on leadership advisory firm Russell Reynolds.

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Fortune

What women founders think of Trump's first 100 days

"The government's all-out war on any kind of program that supports women or minorities is very deeply felt," says one VC.

Fortune

Elon Musk reportedly said last year he no longer wanted to be Tesla CEO but worried no one could replace him or his vision for the company

The EV maker began looking last month for a new CEO to replace Musk, the Wall Street Journal reported Monday.

Fortune

Damn the torpedoes! Stocks go full speed ahead despite declining U.S. shipping and manufacturing data

Buying momentum continued in Asia and European stock markets today, and S&P futures were priced up this morning.

Fortune

Banking giant Morgan Stanley reportedly plans to introduce crypto trading on E*Trade

The bank is entering a crowded field with competitors like Coinbase and Robinhood.

Fortune

Ikea’s new central London store has learned from ‘a lot of mistakes’ over 7 years

“We have [made] a lot of mistakes when designing city location stores,” Ikea’s Tolga Öncü told Fortune.

Fortune

Kohl's just fired its CEO after only 100 days on the job after striking a 'highly unusual' deal with a vendor he had a personal relationship with

Buchanan had only been at the helm of the retailer since January.

Fortune

How prebiotic soda Olipop leveraged social media to grow from a $100,000 investment to a $1.85 billion brand on shelves at Walmart, Target, and Whole Foods

Olipop leaned on viral trends and toilet humor—and meeting consumers where they are at—to propel its soda as both fun and functional.

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